• Michael Stanek

    Management Partner

    Current Board Memberships

     

    Carlisle Wide Plank Floors

    Mr. Stanek has been responsible for the operating leadership of privately-held businesses since 1996, with an emphasis on operational and financial restructuring, process improvement, and marketing strategy and growth. Mr. Stanek has been running portfolio companies on behalf of JMH Capital since 2009, and in addition to consulting roles with a variety of former portfolio investments, he currently serves active management roles in Carlisle Wide Plank Floors and Parterre Flooring Systems. In addition to Carlisle and Parterre, Mr. Stanek’s operating experience includes:

    • CEO of Classifieds Plus, Inc., where he led a six-month turnaround to profitability by improving operational efficiencies, consolidating multiple locations, terminating unprofitable contracts, increasing revenue and upgrading and developing the senior leadership team.
    • CEO of Northern Group Retail, where he turned around a 380 store chain of women’s apparel from negative $17 million of EBITDA to break-even EBITDA in 18 months, and subsequently generated an annualized run rate of $12 million in EBITDA via gross margin improvement, implementation of inventory allocation and planning systems, expense reductions, and unprofitable store rationalization. Prior to his CEO position, he served as Northern’s CFO from 2001 to 2006.
    • Akron Manufacturing, Inc., where he increased gross margins and generated liquidity to repay all bank debt.

    Mr. Stanek holds a Bachelor of Science in Accounting from Rochester Institute of Technology and is Licensed in the State of NY as a CPA. Mr. Stanek has served on numerous private company boards, including Carlisle, Berean, Mega Graphite, Gridway Energy, GPX, and Domain Home Fashions. Mr. Stanek is a member of the YPO.

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